Lesson 7: Managing healthcare resources

In this lesson we were supposed to think of five budget questions and interview an individual who works with a budget. I chose to interview my neighbor who is in charge of planning events for a large computer company. Here are the questions that I chose.

1. What specific categories is your budget divided into? How were these categories determined?

2. Is it ever hard to meet the expectations of your business and stay within your budget?

3. Have you ever had a substantial decrease in budget? If so, how did you decide which areas to rearrange?

4. What would be the consequences of going over your budget?

5. What are some events that you were able to plan while staying within your budget?

I will include the answers when I hear back from him.

In class we discussed ways to cut different areas of the budget. It is a difficult task. I have more sympathy for my manager because it would be stressful to be responsible for a budget.